Whether I like CIA or not, In-Q-Tel is one of their best achievements. The VC model in private sector had long been making better tech more cheaply and with faster improvements. There was also lots of overlap between enterprise and CIA needs. Funding dual-use tech through private sector is already win/win at this point. That revenue from sales to private sector could reduce taxpayer burden on any given tech is another win. Even if there was corruption, it's still better than most US Govt actions because they produced useful stuff that actually benefited Americans in some way.